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Amboy, MN vs Clara City, MN

64
Amboy
Minnesota
VS
-15.1%
75
Clara City
Minnesota

There is a significant gap in the cost of living between these two cities. Amboy is 15.1% cheaper than Clara City. With a cost index of 64 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Amboy to Clara City should plan for substantially higher expenses across most categories.

On the housing front, median rent in Amboy is $760/month compared to $1,063/month in Clara City — a 29% difference. Interestingly, home values tell a different story: while Amboy has cheaper rent, Clara City actually has lower median home values ($116,500 vs $125,300).

Median household income in Amboy is $78,214 compared to $58,431 in Clara City (+33.9%). Amboy offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Amboy spend roughly 11.7% of their income on rent, less than the 21.8% in Clara City.

Income & Cost

Cost of Living Index
Amboy
64
15% cheaper
Clara City
75
Median Household Income
Amboy
$78,214
25% higher
Clara City
$58,431

Housing

Median Rent
Amboy
$760
29% cheaper
Clara City
$1,063
Median Home Value
Amboy
$125,300
Clara City
$116,500
7% cheaper
Population
Amboy
553
Clara City
1,497

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Amboy $2.97
Clara City
US $3.07
🥚
Eggs (grade A, large)
Amboy $2.43
Clara City
US $2.50
🥛
Milk (whole)
Amboy $3.91
Clara City
US $4.03
🍞
Bread (white)
Amboy $1.79
Clara City
US $1.85
🍗
Chicken breast
Amboy $4.02
Clara City
US $4.14
Electricity
Amboy $0.17
Clara City
US $0.19